Delta Air Lines, Inc. (DAL)
| Market Cap | 34.00B |
| Revenue (ttm) | 59.04B |
| Net Income (ttm) | 5.01B |
| Shares Out | 645.31M |
| EPS (ttm) | 7.79 |
| PE Ratio | 6.77 |
| Forward PE | 7.68 |
| Dividend | $0.40 (0.76%) |
| Ex-Dividend Date | May 13, 2024 |
| Volume | 3,425,841 |
| Open | 52.53 |
| Previous Close | 52.51 |
| Day's Range | 52.43 - 53.21 |
| 52-Week Range | 30.60 - 53.86 |
| Beta | 1.39 |
| Analysts | Strong Buy |
| Price Target | 60.99 (+15.73%) |
| Earnings Date | Jul 11, 2024 |
About DAL
Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its domestic network centered on core hubs in Atlanta, Minneapolis-St. Paul, Detroit, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Bogota, Lima, Mexico City, London-Heathrow, Paris-Charles de Gaulle, Sa... [Read more]
Financial Performance
In 2023, DAL's revenue was $58.05 billion, an increase of 14.76% compared to the previous year's $50.58 billion. Earnings were $4.61 billion, an increase of 249.70%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for DAL stock is "Strong Buy." The 12-month stock price forecast is $60.99, which is an increase of 15.73% from the latest price.
News
TD Cowen's Helane Becker says these U.S. airlines are buys on strong summer travel demand
Helane Becker, TD Cowen senior airlines analyst, joins 'Power Lunch' to discuss the anatomy of the consumer in the travel sector.
U.S. airlines challenge Biden administration's new transparency rules
Major U.S. airlines are challenging a new Biden Administration rule requiring them to disclose certain fees. Transcript: Conway Gittens: I'm Conway Gittens reporting from the New York Stock Exchange.
Aeroméxico files NYSE IPO with backing from Apollo, Delta Air Lines
Grupo Aeroméxico S.A.B. de C.V. has filed plans to go public on the New York Stock Exchange about two years after it emerged from Chapter 11 bankruptcy with backing from Apollo Global Management Inc.
Airlines are suing the Biden administration over its new rule on fee transparency
WASHINGTON — U.S. airlines are suing to block the Biden administration from requiring greater transparency over fees that the carriers charge their passengers, saying that a new rule would confuse con...
Calls of the Day: Delta Air Lines, Netflix, Qualcomm, Intel, Huntington, Visa & Mastercard
The Investment Committee discuss the latest Calls of the Day.
Delta wins highest praise as HSBC launches U.S. airline coverage
Delta Air Lines Inc. drew praise as the strongest competitor among U.S. air carriers as HSBC on Monday initiated coverage of four big carriers amid an uptick in corporate travel.
Senate passes bill improving air safety and service for travelers, a day before FAA law expires
WASHINGTON — The Senate has passed a $105 billion bill designed to improve air safety and customer service for air travelers, a day before the law governing the Federal Aviation Administration expires...
Final Trades: Live Nation, Delta Air Lines and SPLV
The Investment Committee gives you their top stocks to watch for the second half.
Delta Boeing 767 jet that dropped emergency slide is 33 years old — well past normal age for active airliner: experts
The chute from Delta Flight 520 had detached from a panel above the right wing shortly after the Los Angeles-bound plane took off from JFK Airport in New York last Friday. T
Final Trades: Delta Air Lines, JPMorgan Chase and the IYC
The Investment Committee share their top stocks to watch for the second half.
Missing emergency slide that fell off Delta flight found — washed up in front of house of lawyer whose firm is suing Boeing
The emergency slide that fell off a Delta flight departing from JFK Airport on Friday was found two days later — washed up in front of the beachside house of a lawyer whose firm happens to be suing Bo...
Emergency slide falls off Delta plane after takeoff
The emergency exit slide fell off a Delta Airlines jet after taking off from New York en route to Los Angeles on Friday, Delta said.
Delta Board of Directors Welcomes Maria Black and Willie Chiang as Newest Members
ATLANTA , April 26, 2024 /PRNewswire/ -- Delta Air Lines' (NYSE: DAL) board of directors today announced Maria Black and Willie CW Chiang as its newest members. Ms. Black is the President and Chief Ex...
Final Trades: Netflix, JPMorgan Nasdaq ETF, Delta & Leidos
The Investment Committee gives you their top stocks to watch for the second half.
Delta Air Lines Declares Quarterly Dividend
ATLANTA , April 25, 2024 /PRNewswire/ -- Delta Air Lines' (NYSE:DAL) Board of Directors today declared a quarterly dividend of $0.10 per share. The dividend is payable to shareholders of record as of ...
American Express and Delta Air Lines® Bring Back Popular Airplane Metal Card Design
NEW YORK--(BUSINESS WIRE)--American Express (NYSE: AXP) and Delta Air Lines® (NYSE: DAL) today unveiled the next iteration of the limited-edition Boeing 747 Delta SkyMiles® Reserve Card design. Follow...
Airlines to give automatic cash refunds to flyers under new Biden regulation
The Biden administration has rolled out a new regulation that aims to make airlines provide automatic cash refunds to passengers owed such compensation.
Delta Air Lines gives workers 5% raise, boosts starting pay
Delta Air Lines announced Monday it is giving all its employees a 5% raise worldwide and is hiking starting pay to $19 an hour, after paying out $1.4 billion in profit-sharing bonuses.
Delta Air Lines gives staff another 5% raise, hikes starting wages to $19 an hour
Delta is the country's most profitable airline and has repeatedly lifted staff pay.
We're not seeing any slowdown in premium travel demand, says JPMorgan's Jamie Baker
Jamie Baker, JPMorgan senior airline analyst, joins CNBC's 'The Exchange' to break down the airline industry's bifurcation, how premium demand has boosted earnings, and more.
Final Trades: Samsara, Delta Air Lines and VGSH
The Investment Committee discuss their top stocks to watch for the second half.
Delta Air Lines Selects T-Mobile as Preferred Mobility Partner
BELLEVUE, Wash. & ATLANTA--(BUSINESS WIRE)--Today, Delta Air Lines (NYSE: DAL) announced it has named T-Mobile (NASDAQ: TMUS) as its preferred mobility partner, uniting America's most awarded airline ...
UAL, BA, DAL: Best Positioned Airline Stock Amid Boeing Issues
United Airlines (UAL) rises after a 1Q earnings beat. Jarrett Bilous discusses this, as well as how United Airlines has cut its 2024 delivery plan due to Boeing (BA) plane issues.
What's Next For Delta Air Lines Stock After 10% Gains In A Month And An Upbeat Q1?
Delta (NYSE: DAL) reported its Q1 results earlier this week, with revenues aligning and earnings beating the street estimates. The company reported adjusted revenue of $12.6 billion and earnings of $0...